Multi-family investment properties are assigned property classifications A, B, C, or D. Property class is determined based on characteristics such as condition, location, tenant income levels, age, rental rates, appreciation, and amenities. Similarly, areas in which properties are located are categorized into A, B, C, and D classes. Understanding a property's class and area rating are imperative for determining the success rate of your investment goals and for communicating your needs to your real estate agent.
These comprehensive descriptions of each class will help you better understand how multi-family investment properties are standardized:
"A" Class Areas refer to newer growth areas.
"B" Class areas refer to older areas with stability.
"C" Class Areas are older, declining, or relatively stable areas.
"D" Class Areas are older, rapidly declining areas.
When searching for investment properties for sale in the Puget Sound Area, choosing a property with a class of equal to or higher rating than the area (for instance, a "C" class property in a "B" or "C" class area) will stimulate growth and appreciation potential. Familiarizing yourself with multi-family investment property and area classifications will help you to determine which properties and areas align with your investment goals.
Old Town Issaquah duplex, turnkey, updated & well maintained. Quiet residential area, dead end street, perfect for first time investment or add to your portfolio. Each un...
Listing courtesy of John L. Scott, Inc..
Very desirable 'atop the Hill' Queen Anne location! Zoned LR-1 with alley access. Surrounded by high-end residential properties & conveniently located at the top of Queen...
Listing courtesy of Coldwell Banker Bain.
Built in the 1950s and featuring two spacious two bedroom/one bath units, the property sits in lower Queen Anne just steps away from a plethora of retail amenities. The p...
Listing courtesy of Paragon Real Estate Advisors.
Downtown Renton 4-plex close to Boeing, The Landing, and 405. Renton was ranked one of the fastest growing cities. Tenants can walk to shopping & bus. Built in 1959 and e...
Listing courtesy of Realogics Sotheby's Int'l Rlty.
Come invest in beautiful West Seattle! This fully occupied four-plex makes a great current/future investment. Building includes three 2-bedroom/ 1 bath units, and one 1 b...
Listing courtesy of Home Realty.
Mid-century modern duplex in the heart of Fremont. Second time on the market in 50 years. Showcased in Sunset Magazine as a paragon of mid-century architecture & efficien...
Listing courtesy of Columbia Partners Real Estate.